Insurance and financial services as a percentage of service imports from the balance of payment reached 2.64% in 2024 in Australia, according to the National Central Bank / OECD. This is 1.18% more than in the previous year.
Historically, insurance and financial services as a percentage of service imports from the balance of payment in Australia reached an all time high of 9.58% in 1994 and an all time low of 2.61% in 2023.
Australia has been ranked 88th within the group of 101 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment.
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